Cyprus News Agency

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Francois Hollande pays Cyprus a working visit Friday, he will meet with President Anastasiades to discuss the Cyprus problem Cyprus, Greece and Israel hail importance of trilateral cooperation Cyprus President and Greek Prime Minister to meet in Brussels next week Cyprus economy marks growth for sixth consecutive quarter Labor Minister Emilianidou calls EU for active employment policies and sustainable growth 19.3% of Cypriot workers are low-wage earners Building permits in January – September rose by 5.6%, value down by 3.8%

London, May 8 (CNA) - Talk of the need for the Cyprus government to form a new economic growth model is well under way beyond the island’s borders as well, and it involves the international press, economists and analysts.

A common theme is the acknowledgement that along with the banks a very large part of the rest of the services sector will be affected – a serious blow for a country where the tertiary sector makes up 80% of the GDP, tourism included. It’s not all doom and gloom though, as the ongoing debate reveals choices and possibilities.

(CNA)

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